Xenia Hotels & Resorts, Inc. (NYSE:XHR) Given Average Rating of “Hold” by Brokerages

Shares of Xenia Hotels & Resorts, Inc. (NYSE:XHR) have been given a consensus recommendation of “Hold” by the six research firms that are covering the firm, MarketBeat Ratings reports. One investment analyst has rated the stock with a sell recommendation, two have issued a hold recommendation and three have issued a buy recommendation on the company. The average twelve-month target price among brokerages that have issued a report on the stock in the last year is $14.00.

A number of research firms recently issued reports on XHR. Weiss Ratings reiterated a “hold (c)” rating on shares of Xenia Hotels & Resorts in a research report on Monday, December 29th. Wall Street Zen downgraded shares of Xenia Hotels & Resorts from a “buy” rating to a “hold” rating in a research note on Sunday, November 9th. Wells Fargo & Company lifted their target price on shares of Xenia Hotels & Resorts from $15.00 to $16.00 and gave the company an “overweight” rating in a report on Monday, December 1st. Finally, Robert W. Baird set a $17.00 price objective on Xenia Hotels & Resorts in a research report on Monday, January 12th.

Institutional Investors Weigh In On Xenia Hotels & Resorts

A number of hedge funds have recently added to or reduced their stakes in the company. Concurrent Investment Advisors LLC increased its holdings in Xenia Hotels & Resorts by 142.1% in the fourth quarter. Concurrent Investment Advisors LLC now owns 52,441 shares of the real estate investment trust’s stock valued at $742,000 after buying an additional 30,777 shares in the last quarter. M&T Bank Corp acquired a new position in Xenia Hotels & Resorts in the fourth quarter valued at $4,196,000. Universal Beteiligungs und Servicegesellschaft mbH lifted its position in Xenia Hotels & Resorts by 4.3% during the fourth quarter. Universal Beteiligungs und Servicegesellschaft mbH now owns 373,458 shares of the real estate investment trust’s stock valued at $5,281,000 after buying an additional 15,228 shares in the last quarter. CWM LLC lifted its position in Xenia Hotels & Resorts by 5.1% during the 4th quarter. CWM LLC now owns 21,491 shares of the real estate investment trust’s stock worth $304,000 after acquiring an additional 1,049 shares in the last quarter. Finally, Harbor Capital Advisors Inc. boosted its position in Xenia Hotels & Resorts by 152.3% in the 4th quarter. Harbor Capital Advisors Inc. now owns 3,017 shares of the real estate investment trust’s stock valued at $43,000 after buying an additional 1,821 shares during the last quarter. Institutional investors and hedge funds own 92.43% of the company’s stock.

Xenia Hotels & Resorts Stock Up 2.0%

NYSE XHR opened at $14.81 on Friday. The company has a fifty day moving average of $14.50 and a two-hundred day moving average of $13.83. Xenia Hotels & Resorts has a 52 week low of $8.55 and a 52 week high of $15.60. The company has a quick ratio of 2.51, a current ratio of 2.51 and a debt-to-equity ratio of 1.16. The firm has a market capitalization of $1.40 billion, a price-to-earnings ratio of 26.44 and a beta of 1.23.

Xenia Hotels & Resorts (NYSE:XHR) last issued its earnings results on Friday, October 31st. The real estate investment trust reported $0.23 EPS for the quarter, topping analysts’ consensus estimates of ($0.16) by $0.39. The business had revenue of $236.42 million for the quarter, compared to the consensus estimate of $236.16 million. Xenia Hotels & Resorts had a net margin of 5.24% and a return on equity of 4.50%. During the same period in the prior year, the firm earned $0.25 EPS. On average, analysts predict that Xenia Hotels & Resorts will post 1.46 earnings per share for the current year.

Xenia Hotels & Resorts Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Thursday, January 15th. Investors of record on Wednesday, December 31st were given a $0.14 dividend. The ex-dividend date of this dividend was Wednesday, December 31st. This represents a $0.56 dividend on an annualized basis and a yield of 3.8%. Xenia Hotels & Resorts’s payout ratio is 100.00%.

Xenia Hotels & Resorts Company Profile

Xenia Hotels & Resorts is a self-administered real estate investment trust (REIT) that specializes in owning, operating and acquiring premium full-service hotels across the United States. The company’s portfolio emphasizes upper-upscale and luxury properties, partnering with leading hotel brands to deliver a distinctive guest experience while targeting markets with strong leisure and corporate demand.

Founded as a spin-off from Marriott International in September 2016, Xenia has built a diversified collection of full-service hotels and resorts in key U.S.